subject
Business, 26.03.2020 03:36 pramirez6994

Leo is a self-employed architect who maintains a qualifying office in his home. Leo has $80,000 gross income from his practice and incurs $72,000 in salaries, supplies, computer services, etc. In addition, Leo's mortgage interest and real estate taxes allocable to the office total $3,000. Additional other home office expenses total $9,000 and consist of depreciation, utilities, insurance, and maintenance. Leo's total home office deductions are:.
A) $10,000.
B) $15,000.
C) $20,000.
D) $95,000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:50
You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?
Answers: 2
question
Business, 22.06.2019 09:40
The wall street journal reported that walmart stores inc. is planning to lay off 2,300 employees at its sam's club warehouse unit. approximately half of the layoffs will be hourly employees (the wall street journal, january 25-26, 2014). suppose the following data represent the percentage of hourly employees laid off for 15 sam's club stores. 55 56 44 43 44 56 60 62 57 45 36 38 50 69 65 (a) compute the mean and median percentage of hourly employees being laid off at these stores. (b) compute the first and third quartiles. (c) compute the range and interquartile range. (d) compute the variance and standard deviation. (e) do the data contain any outliers? (f) based on the sample data, does it appear that walmart is meeting its goal for reducing the number of hourly employees?
Answers: 1
question
Business, 22.06.2019 19:40
Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08
Answers: 1
question
Business, 22.06.2019 23:00
Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.
Answers: 1
You know the right answer?
Leo is a self-employed architect who maintains a qualifying office in his home. Leo has $80,000 gros...
Questions
Questions on the website: 13722363